South Korea Fines GS Retail $9.5 Million After Breaches Expose Data of More Than 1.6 Million People
South Korea’s Personal Information Protection Commission has imposed an approximately $9.47 million (KRW 12.836 billion) administrative monetary penalty on GS Retail, finding that the company failed to put adequate protections in place against cyberattacks and, after discovering the first breach, failed to respond adequately enough to prevent what followed.
